The Godfrey Village Board will consider an ordinance establishing a tax levy for the coming year that represents a 5% reduction over last year's figure. That's the same amount it has been reduced for the past two years, and it was a 10% reduction the year before that. The previous five years have seen the levy reduced, and with more sales tax revenue continuing to come into the village coffers, Mayor Mike McCormick continues to pursue his goal of eventually eliminating the property tax in the village.
While Trustee Mike Stumpf cautioned about reducing the levy to the point they wouldn't be able to pay for needed services, McCormick says even with the reduction in the levy, the village is in good shape.
Click here for McCormick's comments
The Godfrey Village Board will vote on a tax levy of just under $462,000, which is 5% lower than last year's levy of $486,000 at its next meeting in December. At the time the village incorporated the tax levy came in at about $511,000